Definition for : Medium term note, MTN

Medium term note is essentially a Plain vanilla Debt security, generally with a fixed coupon (see Coupon rate) and Maturity date. MTNs represent senior, Unsecured, Investment grade debt.

(See Chapters Chapter 21 Other debt products and Chapter 22 Shares of the Vernimmen)

To know more about it, look at what we have already written on this subject